14 February, 1997
VIA EDGAR
- ---------
Securities and Exchange Commission
Judiciary Plaza
450 Fifth Street, N.W.
Washington, D.C. 20549
Re: Lipton Financial Services
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Ladies and Gentlemen:
Attached for filing on behalf of Roger Lipton is Form 13D.
If you have any questions with respect to the enclosed materials, please do not
hesitate to call the undersigned.
Very truly yours,
LIPTON FINANCIAL SERVICES
By: /s/ Roger Lipton
----------------
Roger Lipton
Enclosures
cc: George R. Chapdelaine
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
SCHEDULE 13D
Under the Securities Exchange Act of 1934
(Amendment No. 6)*
Boston Restaurant Associates
- --------------------------------------------------------------------------------
(Name of issuer)
Common Stock and Warrants
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(Title of class of securities)
Common Stock 101122109
Warrants 101122125
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(CUSIP number)
(212) 744-7516 (H)
Roger Lipton, 983 Park Ave, New York, NY 10023 (212) 207-3700 (W)
- --------------------------------------------------------------------------------
(Name, Address and Telephone Number of Person Authorized to Receive
Notices and Communications)
8/21/96
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(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-1(b)(3) or (4), check the following box [ ].
Check the following box if a fee is being paid with the statement. [ ] (A fee is
not required only if the reporting person: (1) has a previous statement on file
reporting beneficial ownership of more than five percent of the class of
securities described in Item 1; and (2) has filed no amendment subsequent
thereto reporting beneficial ownership of five percent or less of such class.)
(See Rule 13d-7.)
Note: Six copies of this statement, including all exhibits, should be filed
with the Commission. See Rule 13d-1(a) for other parties to whom copies are to
be sent.
* The remainder of this cover page shall be filled out for a reporting person's
initial filing on this form with respect to the subject class of securities, and
for any subsequent amendment containing information which would alter
disclosures provided in a prior cover page.
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 or otherwise subject to the liabilities of that section of the Act but
shall be subject to all other provisions of the Act (however, see the Notes).
<PAGE>
SCHEDULE 13D
|-----------------------------| |------------------------|
|CUSIP Nos. Common 101122109 | | Page 2 of 4 Pages |
| Warrants 101122125| | |
|-----------------------------| |------------------------|
|----------------------------------------------------------------------------|
| | |
| 1 | NAME OF REPORTING PERSON |
| | S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON |
| | |
| | Roger Lipton & Affiliates ###-##-#### |
| | |
|---------|------------------------------------------------------------------|
| | |
| 2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) [ ]|
| | (b) [X]|
|---------|------------------------------------------------------------------|
| | |
| 3 | SEC USE ONLY |
| | |
|---------|------------------------------------------------------------------|
| | |
| 4 | SOURCE OF FUNDS* |
| | Personal Funds - for investment purposes only |
| | PF |
|---------|------------------------------------------------------------------|
| | |
| 5 | CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED |
| | PURSUANT TO ITEMS 2(d) or 2(e) [ ] |
|---------|------------------------------------------------------------------|
| | |
| 6 | CITIZENSHIP OR PLACE OF ORGANIZATION |
| | |
| | USA - New York City |
| | |
|----------------|-----|-----------------------------------------------------|
| | | |
| NUMBER OF | 7 | SOLE VOTING POWER Common Warrants |
| | | Mary Lipton (Spouse) 35,000 0 |
| SHARES | | Roger Lipton 238,880 76,000 |
| | | RHL Associates 264,270 90,000 |
| BENEFICIALLY | | Leslie Lipton (Daughter) 5,000 0 |
| | | Lipton Family Found. 4,005 0 |
| OWNED BY EACH |-----|-----------------------------------------------------|
| | | |
| REPORTING | 8 | SHARED VOTING POWER |
| | | Purchased between 4/30/95 and 8/21/96 |
| PERSON |-----|-----------------------------------------------------|
| | | |
| WITH | 9 | SOLE DISPOSITIVE POWER |
| | | Same as No. 7 |
| |-----|-----------------------------------------------------|
| | | |
| | 10 | SHARED DISPOSITIVE POWER |
| | | Same as No. 8 |
|----------------------------------------------------------------------------|
| | |
| 11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON |
| | Mary Lipton, 35,000 Common/0 Warrants |
| | Roger Lipton, 238,880 Common/76,000 Warrants |
| | RHL Associates, 264,270 Common/90,000 Warrants |
| | Leslie Lipton, 5,000 Common/0 Warrants |
| | Lipton Found., 4,005 Common/0 Warrants |
|---------|------------------------------------------------------------------|
| | |
| 12 | CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) |
| | EXCLUDES CERTAIN SHARES* [ ] |
| | Common Stock: 547,155 Warrants: 166,000 Total: 713,1555 |
|---------|------------------------------------------------------------------|
| | |
| 13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) |
| | |
| | Common Stock 10.9% Warrants 3.2% |
|---------|------------------------------------------------------------------|
| | |
| 14 | TYPE OF REPORTING PERSON * Mary Lipton (IN); |
| | Roger Lipton (BD); RHL Associates L.P. (PN); |
| | Lipton Foundation (OO); Leslie Lipton (IN) |
|----------------------------------------------------------------------------|
* SEE INSTRUCTIONS BEFORE FILLING OUT!
<PAGE>
Page 3 of 4 Pages
Item 1: Security and Issuer
- ----------------------------
a) Security: Common stock
Warrants
b) Issuer: Roger Lipton & Affiliates
399 Park Avenue, 27th Floor
New York, NY 10022-4614
U.S.A. citizen
Item 2: Identity
- -----------------
Roger Lipton & Affiliates (BD)
399 Park Avenue, 27th Floor
New York, NY 10022-4614
U.S.A. citizen
Item 3: Source
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Personal funds
Item 4:
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Roger Lipton is a member of the Board of Directors of
Boston Restaurant Associates, Inc.
Item 5:
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Common Warrants
Sole Voting Power: Mary Lipton (spouse) 35,000 0
Roger Lipton 238,880 76,000
RHL Associates 264,270 90,000
Leslie Lipton (daughter) 5,000 0
Lipton Family Found 4,005 0
Item 6:
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Common Warrants
Sole Voting Power: Mary Lipton (spouse) 35,000 0
Roger Lipton 238,880 76,000
RHL Associates 264,270 90,000
Leslie Lipton (daughter) 5,000 0
Lipton Family Found 4,005 0
Item 7:
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Not applicable
<PAGE>
Page 4 of 4 Pages
Signature
After reasonable inquiry and to the best of my knowledge and belief, I
certify that the information set forth in this statement is true, complete and
correct.
/s/ Roger Lipton
- ----------------------------- ------------------------------
Date Signature
General Partner Roger Lipton Associates
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Name/Title
